62,000 BTC Leave Long-Term Storage
Blockchain data shows that Bitcoin’s illiquid supply — coins held in wallets with little to no spending history — has begun to decline. Since mid-October, approximately 62,000 BTC have been moved out of long-term storage, signaling renewed market participation among holders who had previously remained inactive.
What the Shift Means for the Market
When illiquid supply decreases, it typically means more coins are available for trading on exchanges or through OTC (over-the-counter) markets. This can increase liquidity but also make it harder for the price to trend upward unless new demand enters the market.
Market analysts note that this behavior often precedes periods of volatility, as long-term holders reintroduce supply while short-term traders react to shifting sentiment.
Renewed Activity Amid Global Uncertainty
The movement of dormant Bitcoin could indicate a changing market mood, where investors are either preparing to take profits or rebalance portfolios amid uncertain macroeconomic conditions.
While the return of these coins adds potential short-term pressure, it also suggests renewed confidence and engagement within the Bitcoin ecosystem — a reminder that even dormant holders watch market conditions closely before reentering.
As Bitcoin’s illiquid supply continues to adjust, traders and analysts will be watching closely to see whether this marks the beginning of a new accumulation or distribution phase.
